News for 'Finance'

Bangladesh's China-US Tilt Should Worry India

Bangladesh's China-US Tilt Should Worry India

Rediff.com2 days ago

Bangladesh-China and Bangladesh-US relations have evolved from reluctant engagement to increasingly consequential strategic partnerships.

NMDC Hyderabad Marathon Draws Over 12,000 Runners, Elite Winners Crowned

NMDC Hyderabad Marathon Draws Over 12,000 Runners, Elite Winners Crowned

Rediff.com5 days ago

The 15th NMDC Hyderabad Marathon saw over 12,000 participants, including 8,500 in the half marathon and 3,500 in the full marathon. Ethiopian runners Emane Seifu and Seboka Negusse won the Women's and Men's Elite categories respectively. A notable aspect was the participation of 184 tribal runners from Bastar, Chhattisgarh, supported by NMDC. The event also included 5K and Inclusive Runs with 6,500 participants.

Stock Markets Today: Sensex, Nifty Gain on Bank Stocks, Global Cues

Stock Markets Today: Sensex, Nifty Gain on Bank Stocks, Global Cues

Rediff.com1 days ago

Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade after a three-day slide, driven by strong buying in blue-chip bank stocks and a firm trend in global markets, supported by easing US bond yields and record foreign-currency deposit inflows.

Thane Finance Company Duped With Fake Jewellery

Thane Finance Company Duped With Fake Jewellery

Rediff.com28 May 2026

A finance company in Thane, Maharashtra, has reported being defrauded of Rs 25.96 lakh by five individuals who allegedly mortgaged fake jewellery to obtain loans. Police are investigating the case, which reportedly occurred in 2025.

India Inc Sees Fastest Revenue Growth in 15 Quarters

India Inc Sees Fastest Revenue Growth in 15 Quarters

Rediff.com24 Aug 2026

Indian listed companies experienced their fastest revenue growth in 15 quarters during Q1FY27, with combined net sales rising 18.4% year-on-year, while net profit grew 16%, primarily driven by mining, metals, and banking sectors, despite a contraction in operating margins due to higher input costs.

How UPI Integration In Uzbekistan Benefits Indian Travellers

How UPI Integration In Uzbekistan Benefits Indian Travellers

Rediff.com4 days ago

NPCI International and Uzbekistan's NIPC have partnered to enable UPI payments across Uzbekistan, allowing Indian tourists, business travellers, and students to make instant merchant payments using the UZQR code. This agreement, approved by RBI and CBU, integrates UPI with Uzbekistan's national payment system, HUMO, facilitating direct P2M payments from Indian bank accounts and reducing reliance on foreign exchange or international cards.

NCLT issues notices in Subhash Chandra insolvency, bars property disposal

NCLT issues notices in Subhash Chandra insolvency, bars property disposal

Rediff.com3 days ago

A special five-member NCLT bench has issued notices to all parties in Subhash Chandra's personal insolvency case and directed the Essel Group Chairman not to alienate his properties, either directly or indirectly, following a split verdict on a repayment plan.

Assam: Protests Erupt Over NH-27 Accident Deaths

Assam: Protests Erupt Over NH-27 Accident Deaths

Rediff.com1 days ago

'This accident was waiting to happen. It could have been averted if the authorities had acted in time.'

Stock Markets Today: Sensex, Nifty Hit By HDFC Bank, Geopolitical Tensions

Stock Markets Today: Sensex, Nifty Hit By HDFC Bank, Geopolitical Tensions

Rediff.com27 Aug 2026

Indian benchmark indices, Sensex and Nifty, experienced declines in early trading, primarily due to selling pressure on blue-chip HDFC Bank and ongoing geopolitical uncertainties.

West Asia Crisis May Hit FY27 Fiscal Deficit

West Asia Crisis May Hit FY27 Fiscal Deficit

Rediff.com18 Aug 2026

The fiscal consolidation path and Rs 1 trillion stabilisation fund provide room to absorb mild shocks, but sustained oil-price increases pose risks.

Why Air Marshal Mishra Is The Right Man For Ram Mandir Trust

Why Air Marshal Mishra Is The Right Man For Ram Mandir Trust

Rediff.com1 days ago

Jeetu, as he is known in the IAF, is known for his high intellect, ability to quickly grasp the essentials of complex situations and the readiness to articulate his views clearly and unambiguously. An excellent professional in every sense of the word, he has a well-trained military mind, honed by extensive operational flying and flight testing experience, avers Air Marshal B Manikantan (retd).

What Subhash Chandra Hopes For...

What Subhash Chandra Hopes For...

Rediff.com4 days ago

Subhash Chandra hoped that the lenders would discuss the matter with the borrowers, reconcile the outstanding accounts, and get paid by the borrowers.

Nepal flash floods toll rises to 579; morgues in hospitals run out of space

Nepal flash floods toll rises to 579; morgues in hospitals run out of space

Rediff.com7 days ago

Nepal is grappling with a deepening flood crisis as the death toll from devastating flash floods in Rasuwa and surrounding districts has tragically risen to 538, with authorities now warning of a fresh flood threat and initiating evacuations.

Centre spends 37% of capex target in four months

Centre spends 37% of capex target in four months

Rediff.com3 days ago

The Indian Centre has spent 37 per cent of its ~12.22 trillion capital expenditure target in the first four months of FY27, marking a 30 per cent year-on-year increase, while simultaneously keeping the fiscal deficit under control at 27 per cent of the Budget Estimate.

Hospitals Oppose Room Rate Cap

Hospitals Oppose Room Rate Cap

Rediff.com27 Aug 2026

'Indian private sector hospitals provide quality healthcare at a fraction of the global cost.'

'HDFC Merger Contributed To HDFC Bank's Troubles'

'HDFC Merger Contributed To HDFC Bank's Troubles'

Rediff.com1 days ago

'Once you're wrestling with making a merger of that scale value-accretive, you're also under pressure to keep growing the balance sheet and chasing liabilities, and other things start to slip as a consequence.'

Gulf tensions drive NRI luxury home investments back to India

Gulf tensions drive NRI luxury home investments back to India

Rediff.com2 days ago

Non-resident Indians are increasingly investing in luxury homes in India, driven by geopolitical uncertainties, particularly the Iran war. This trend is observed across major cities like Mumbai, Bengaluru, and the National Capital Region, with developers noting a significant rise in NRI pre-sales. While some see it as a temporary shift, others believe India is becoming a stable, long-term investment destination for NRIs, especially those from West Asia.

SCO approves anti-terror security centre after Modi's warning

SCO approves anti-terror security centre after Modi's warning

Rediff.com3 days ago

India has highlighted 13 key outcomes from the recent Shanghai Cooperation Organisation (SCO) summit, focusing on enhanced cooperation in security, counter-terrorism, and addressing transnational threats. These outcomes include the establishment of a Universal Centre for Countering Challenges and Threats to Security, a strong stance against state-sponsored terrorism, and agreements on narcotics control, climate change, and artificial intelligence, reinforcing India's engagement in the Eurasian region.

Market Cap of Five Top Firms Erodes by Rs 1 Lakh Crore; TCS Takes Biggest Hit

Market Cap of Five Top Firms Erodes by Rs 1 Lakh Crore; TCS Takes Biggest Hit

Rediff.com16 Aug 2026

The combined market valuation of five of India's top-10 most valued firms eroded by Rs 1 lakh crore last week, with IT giant Tata Consultancy Services (TCS) experiencing the largest decline amidst a bearish trend in domestic equities.

'Rs 12 Lakh Crore Disappeared from India's GDP'

'Rs 12 Lakh Crore Disappeared from India's GDP'

Rediff.com10 hours ago

'The fundamental issue that I have raised, how come India's GDP in current prices went down from Rs 86 lakh crore down to Rs 80 lakh crore -- a staggering erasure of Rs 6 lakh crore. This disappearance of Rs 6 lakh crore has not been answered by anyone.'

NCLT clears Subhash Chandra's Rs 6.5 crore payout for Rs 22,006 crore debt

NCLT clears Subhash Chandra's Rs 6.5 crore payout for Rs 22,006 crore debt

Rediff.com27 Aug 2026

The National Company Law Tribunal (NCLT) has approved a repayment plan for media baron Subhash Chandra, allowing him to settle admitted creditor claims of approximately Rs 22,006.57 crore by paying just Rs 6.5 crore, resulting in a nearly 99.97 per cent haircut for lenders.

High-Powered Committee to Drive Banking Reforms for Viksit Bharat, Says FM Sitharaman

High-Powered Committee to Drive Banking Reforms for Viksit Bharat, Says FM Sitharaman

Rediff.com18 Aug 2026

Union Finance Minister Nirmala Sitharaman announced the government's plan to establish a high-powered committee to examine reforms for the banking sector, aligning it with the vision of a 'Viksit Bharat' (Developed India) and India's next phase of growth.

Suvendu keeps home, power portfolios, Swapan is finance minister

Suvendu keeps home, power portfolios, Swapan is finance minister

Rediff.com12 Jun 2026

Ten days after the expansion of the BJP government's cabinet in West Bengal, key portfolios have been allocated, with senior leader Tapas Roy taking charge of industries and journalist-turned-politician Swapan Dasgupta appointed finance minister.

Vice President Radhakrishnan Unveils Gnani Artha, Sovereign AI Stack For Indian Enterprises

Vice President Radhakrishnan Unveils Gnani Artha, Sovereign AI Stack For Indian Enterprises

Rediff.com7 days ago

Vice President CP Radhakrishnan launched Gnani Artha, an end-to-end sovereign AI stack for Indian enterprises and public institutions. He emphasised that new technologies, including AI, will enhance ease of work and create more jobs, drawing parallels with the IT industry's growth. The initiative, backed by the India AI Mission, aims for self-reliance and includes the Gnani Evon v3.3 language model and Gnani Plexus AI platform, offering cost-effective Indic language capabilities.

Vice President Radhakrishnan Unveils Gnani Artha, Sovereign AI Stack For Indian Enterprises

Vice President Radhakrishnan Unveils Gnani Artha, Sovereign AI Stack For Indian Enterprises

Rediff.com7 days ago

Vice President CP Radhakrishnan launched Gnani Artha, an end-to-end sovereign AI stack for Indian enterprises and public institutions. He emphasised that new technologies, including AI, will enhance ease of work and create more jobs, drawing parallels with the IT industry's growth. The initiative, backed by the India AI Mission, aims for self-reliance and includes the Gnani Evon v3.3 language model and Gnani Plexus AI platform, offering cost-effective Indic language capabilities.

'Crisis In The Economy Started Last Year'

'Crisis In The Economy Started Last Year'

Rediff.com15 Aug 2026

'It is not because of the war in West Asia, which began on February 28.' 'Petroleum product prices are already going through the roof. They are bound to have a serious inflationary impact.' 'A country's leadership is tested in trying times. It is here that the current leadership is failing.'

Subhash Chandra clarifies personal insolvency claims total Rs 3,992 crore, not Rs 22,000 crore

Subhash Chandra clarifies personal insolvency claims total Rs 3,992 crore, not Rs 22,000 crore

Rediff.com27 Aug 2026

Media baron Subhash Chandra has clarified that the total claim against him in personal insolvency proceedings is Rs 3,992 crore, not Rs 22,000 crore as claimed by dissenting creditors, asserting he was only a personal guarantor and not the borrower.

Subhash Chandra drops Ambani allegations, focuses on settling Essel Group debt

Subhash Chandra drops Ambani allegations, focuses on settling Essel Group debt

Rediff.com4 days ago

Zee founder Subhash Chandra has shifted his public statements from allegations against Mukesh Ambani to focusing on settling outstanding Essel Group debt, with borrowers reportedly agreeing to repay obligations.

Tata Group Faces Massive Funding Challenge

Tata Group Faces Massive Funding Challenge

Rediff.com26 Aug 2026

Tata Sons has the balance sheet to support them, for now.

Uttar Pradesh government empowers parents to evict disrespectful children

Uttar Pradesh government empowers parents to evict disrespectful children

Rediff.com26 Aug 2026

The Yogi Adityanath government in Uttar Pradesh has amended the Maintenance and Welfare of Parents and Senior Citizens Rules-2014. This amendment allows elderly parents to evict children from their property if they fail to maintain and respect them. The new provisions include a clear eviction procedure, a toll-free number for assistance, and a 30-day complaint resolution period, aiming to safeguard senior citizens' rights and promote family care.

Stock Markets Today: Sensex Jumps Over 500 Points, Nifty at 24K

Stock Markets Today: Sensex Jumps Over 500 Points, Nifty at 24K

Rediff.com20 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade, driven by a recovery in world markets due to easing US Treasury yields and fresh foreign fund inflows, halting a multi-day losing streak. Track Sensex, Nifty on August 20.

Stock Markets Today: Sensex, Nifty in Red on Rising Crude Prices

Stock Markets Today: Sensex, Nifty in Red on Rising Crude Prices

Rediff.com19 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, experienced declines in early trade due to elevated crude oil prices and persistent geopolitical uncertainties, particularly following the expiry of the US-Iran ceasefire. Track Sensex, Nifty on August 19, 2026.

Why have Promoters Borrowed Rs 7 Trillion?

Why have Promoters Borrowed Rs 7 Trillion?

Rediff.com6 days ago

The absolute amount of money raised is more than three times the 2 trillion seen before the pandemic (June 2019).

US Moves to Regulate Crypto. What Will India Do?

US Moves to Regulate Crypto. What Will India Do?

Rediff.com19 Aug 2026

The US push for clearer crypto rules is putting pressure on India to fill its own regulatory gap for virtual digital assets.

Quantum Computing: AI's Next Frontier

Quantum Computing: AI's Next Frontier

Rediff.com6 days ago

Quantum computing is set to redefine artificial intelligence, cybersecurity, and scientific discovery, promising unprecedented speeds and capabilities while also necessitating urgent development of quantum-safe security measures and strategic enterprise readiness, says Sunil Varghese.

Stock Markets Today: Sensex, Nifty Dip Amid US-Iran Standoff, High Crude Prices

Stock Markets Today: Sensex, Nifty Dip Amid US-Iran Standoff, High Crude Prices

Rediff.com25 Aug 2026

Indian benchmark indices Sensex and Nifty experienced declines in early trade, influenced by the escalating US-Iran standoff and persistently high crude oil prices, with experts predicting increased volatility.

Why Smart People Still Fail At Retirement Planning

Why Smart People Still Fail At Retirement Planning

Rediff.com7 days ago

Retirement planning is not a test of how smart you are; it is a test of how well you control your behaviour.

Geopolitical jitters, Iran sanctions weigh on Indian equities

Geopolitical jitters, Iran sanctions weigh on Indian equities

Rediff.com24 Aug 2026

Indian benchmark equity indices, Sensex and Nifty, closed lower due to persistent geopolitical tensions in the Middle East and elevated crude oil prices, with investors remaining cautious ahead of fresh US sanctions on Iran.

Fitch affirms India's 'BBB-' rating, flags debt and youth unemployment

Fitch affirms India's 'BBB-' rating, flags debt and youth unemployment

Rediff.com12 Aug 2026

Fitch Ratings has affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, acknowledging robust growth prospects and strong external finances. However, the agency highlighted concerns over elevated government debt, lagging structural metrics, and potential fiscal spending pressures due to rising youth unemployment.

5 Entities With 62% Voting Rights Behind Subhash Chandra's Rs 6.5 Cr Insolvency Plan Getting NCLT Nod

5 Entities With 62% Voting Rights Behind Subhash Chandra's Rs 6.5 Cr Insolvency Plan Getting NCLT Nod

Rediff.com5 days ago

The National Company Law Tribunal (NCLT) has approved media baron Subhash Chandra's personal insolvency resolution plan, which proposes to pay Rs 6.5 crore against admitted creditor claims of approximately Rs 22,006.57 crore, despite allegations from dissenting lenders that five family-linked entities controlled 61.78 per cent of the voting share.